75% in a year: The company the entire chip industry depends on – and you haven't heard of it

Dutch chip giant ASML reported record results for the third quarter of 2026: revenue of €11.7 billion and net profit of about €5 billion. The company raised its annual revenue forecast to €44-45 billion, amid growing demand for its manufacturing machines from chipmakers. ASML is the world's sole manufacturer of advanced lithography machines, necessary for producing the most complex chips, including those used for artificial intelligence. The company's stock has risen 75% in the past year and trades at a price-to-earnings ratio of about 56, reflecting high expectations for continued growth.

Dutch chip giant ASML today (Wednesday) reported the strongest results in its history for the third quarter of 2026, with revenue of €11.7 billion and net profit of about €5 billion. The company raised its annual revenue forecast to €44-45 billion, compared to a previous forecast of €43-45 billion, amid growing demand for its manufacturing machines. ASML produces specialized machines that enable the creation of the tiny electrical circuits that make up a chip. In the field of the most advanced machines, used to produce the world's most complex chips, including chips for artificial intelligence, ASML is the only company in the world that manufactures machines for large-scale commercial production. The company estimates that demand for its machines will remain high at least until 2028, and is already receiving inquiries about orders for 2029 and 2030. ASML's stock has risen about 60% since the beginning of the year and 75% in the past year, and trades at a price-to-earnings ratio of about 56. The article concludes with a warning that much of the expectations are already priced into the stock, and that the content does not constitute investment advice.